# 731 N Tower Road, Alamo, TX 78516

> **TL;DR:** multi-family, $2,400,000 ($100/sqft), built 2017, 24,000 sqft.
> A/C. Est. $10,400/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,400,000 |
| Price/sqft | $100 |
| Square Feet | 24,000 |
| Year Built | 2017 |
| Lot Size | 60,548 sqft (1.39 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,400 |
| **Total** | **$10,400** |

## Nearby Schools

- **Elementary:** Santos Livas
- **Middle:** Vela
- **High:** PSJA Memorial H.S.

## Key Amenities

- A/C

## Property Highlights

- Built in 2017
- 1.39 acre lot
- 40 parking spaces

## Description

### Agent Description
Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.

## Location

- **Address:** 731 N Tower Road, Alamo, TX 78516
- **County:** Hidalgo
- **Neighborhood:** Shea Estates
- **Coordinates:** 26.194067, -98.10963
- **Google Maps:** https://www.google.com/maps?q=26.194067,-98.10963

## Virtual Tour & Media

- **Video Tour:** https://my.matterport.com/show/?m=36gSYUwTg22

## Listing Agent

- **Name:** Victor Fuentes
- **Brokerage:** BIG Realty
- **Phone:** 9564321351
- **Email:** victor@bigrealty.com

## Primary Photo

![731 N Tower Road - Primary Photo](http://lh.rdcpix.com/e1c7262fa256ef8dc13734f68c3815a9l-f813734829r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/731-n-tower-road-alamo-tx-78516-x467850)*

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**MLS#:** 467850 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/731-n-tower-road-alamo-tx-78516-x467850)

---

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